The Indian Performing Rights Society (IPRS) hosted the International Music Creators Seminar on December 5th, 2023, in collaboration with CISAC and the Asia Pacific Music Creators Alliance (APMA). The event featured panels exploring diverse aspects of the music industry.
The first panel discussed “How Artificial Intelligence Will Revolutionize the Music Industry.” Renowned artists and experts highlighted AI’s positive potential for creators, emphasizing the need for smart regulations to prevent it from undermining human creativity.
In the discussion, Dr. G.R. Raghavendra – Senior Consultant IPR, DPIIT, former Joint Secretary, Govt. of India, said, “In the vast landscape of AI, it’s important to dispel the notion that it’s inherently risky. Throughout the course of technological evolution, every leap forward has been met with the creation of rules and protections to ensure responsible usage. AI, such as ChatGPT, is essentially a machine that can’t replicate the depth of human abilities—it’s not that creative or original. When we talk about using someone’s work, whether in AI or any other field, seeking permission and offering fair compensation is not just a courtesy; it’s a fundamental aspect of ethical practice. In the grand scheme of technological advancements, maintaining fairness and ethical standards becomes the cornerstone of integrating AI responsibly into our lives. So, as we navigate this exciting era of innovation, let’s keep in mind the importance of consent, fair compensation, and ethical considerations in the realm of AI.”
The second panel, “Fair Value of Music in the Streaming Economy,” emphasized creators receiving equitable returns. Industry leaders discussed the necessity for adaptations and government interventions to ensure a fair music ecosystem.
The third panel, “The Future of Female Representation & Contribution in the Music Industry,” passionately advocated for breaking down stereotypes and fostering inclusivity. Eminent lyricist Kausar Munir urged the industry to create more opportunities for women in music.
Javed Akhtar, Chairman of IPRS, expressed satisfaction with the seminar’s success, stating, “The International Music Creators Seminar 2023 underscores the power of collaborative innovation. The recently established collaboration with KOMCA ushers in a transformative period, encouraging a dynamic interchange of creation between India and Korea. Our commitment to creating an inclusive and equitable music industry where creator rights are safeguarded and creativity is nurtured was highlighted through stimulating panel discussions. Our narrative revolves around breaking down barriers, creating opportunities, and envisioning a world where creators and creativity flourish. We look forward to bringing such platforms to India and elevate our artists.”
The International Music Creators Seminar highlighted the importance of cross-border partnerships and smart regulation for a vibrant and equitable creative landscape.